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Atlantic Union Bankshares AUB Consumer Banking — Goodwill Purchase Accounting Adjustments
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Where this comes from
Reported directly by Atlantic Union Bankshares in its filing.
Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.
The source filing: Atlantic Union Bankshares’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 1:41 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000883948-26-000073
(2) During the first quarter of 2026, goodwill was reallocated among reporting units as a result of measurement period adjustments associated with the Sandy Spring acquisition, resulting in a $26.7 million increase in Wholesale Banking and a $5.2 million decrease in Consumer Banking. As of March 31, 2026, the purchase accounting was finalized and no longer subject to change.
ITEM 1 – FINANCIAL STATEMENTS
FAQ
- What is Atlantic Union Bankshares's consumer banking — goodwill purchase accounting adjustments?
- Atlantic Union Bankshares (AUB) reported consumer banking — goodwill purchase accounting adjustments of -$5.2M in Q1 2026.
- What does consumer banking — goodwill purchase accounting adjustments mean?
- Reflects the adjustments made to the carrying value of goodwill within the consumer banking segment resulting from purchase accounting processes during acquisitions. These adjustments align the acquired assets and liabilities with their fair values at the date of acquisition. This metric is critical for understanding the impact of M&A activity on the segment's balance sheet.
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